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It's final: Horizon Towers sale is off
Fri, Apr 03, 2009
The Straits Times

THE Court of Appeal halted the contentious Horizon Towers collective sale once and for all yesterday with a hard-hitting ruling that singled out the estate's sales committee for scathing criticism.

The dramatic judgment caught many by surprise and vindicated the four sets of minority owners who opposed the sale from day one - about 3-1/2 years ago, when the idea was first mooted - and spent nearly $1.5 million in legal costs.

One of those owners, Mr Hendra Gunawan, told The Straits Times yesterday: 'I am very happy that at last we can protect our homes.'

 


Related stories:

» Horizon Towers: 2-year battle to kill deal will end on Friday
» Horizon Towers minority owners appeal against Strata board ruling
» HPL to ask to adjourn Horizon Towers hearing on Thursday
» En bloc blues


For more The Straits Times stories, click here.


 

 
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